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Nokia chairman Jorma Ollila announces exit

InvisibleSHIELD.  Scratch Proof your iPhone 4!“The shakeup at Nokia continued on Tuesday as the Finnish mobile phone maker announced that its chairman, Jorma Ollila, would be stepping down in 2012,” David Goldman reports for CNNMoney.

MacDailyNews Take: Hoist that SOS flag before you jump overboard, will ya, Jorma?

Goldman continues, “The announcement comes on the heels of Monday’s resignation of Nokia’s smartphone business chief Anssi Vanjoki. The revolving door of executives started turning on Friday after Nokia said it had hired Microsoft Corp. executive Stephen Elop to replace Olli-Pekka Kallasvuoits as chief executive.”

MacDailyNews Take: SS Nokia. Dispersing Rats.™

Goldman reports, “Ollila had served as chairman for 14 years and oversaw the company’s rise to the top of the mobile pyramid. But he also witnessed the Nokia’s recent inability to keep pace with rivals like Apple… Shares of Nokia (NOK) have tumbled by about 70% since the iPhone was released in the summer of 2007.”

Full article here.

MacDailyNews Take: You could walk across the Gulf of Finland today on the backs of ex-Nokia rats.

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